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Visionflex Group (ASX:VFX) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)


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What is Visionflex Group Change In Receivables?

Visionflex Group's change in receivables for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means Visionflex Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Visionflex Group's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means Visionflex Group's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Visionflex Group's Accounts Receivable for the quarter that ended in Dec. 2023 was A$0.38 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Visionflex Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 17.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Visionflex Group's liquidation value for the six months ended in Dec. 2023 was A$-7.93 Mil.


Visionflex Group Change In Receivables Historical Data

The historical data trend for Visionflex Group's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Visionflex Group Change In Receivables Chart

Visionflex Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
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Visionflex Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Visionflex Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Visionflex Group  (ASX:VFX) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Visionflex Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.375/4.006*91
=17.08

2. In Ben Graham's calculation of liquidation value, Visionflex Group's accounts receivable are only considered to be worth 75% of book value:

Visionflex Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.755-10.31+0.75 * 0.375+0.5 * 0.692
=-7.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Visionflex Group Change In Receivables Related Terms

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Visionflex Group (ASX:VFX) Business Description

Traded in Other Exchanges
N/A
Address
Unit 1/8 Prosperity Parade, Warriewood, Sydney, NSW, AUS, 2102
Visionflex Group Ltd Formerly 1st Group Ltd is an online health portal group. The company is engaged in the provision of health care and corporate online search and appointment booking services. The firm derives revenue from Subscription fees, Usage fees, Advertising, and Setup and customization out of which Subscription fees account for the majority of its revenue. The group has acquired multiple companies to run the business smoothly. The group has two operating segments, being 1st Group and Visionflex which are both located in Australia. The company generates the majority of its revenue from 1st Group segment, which is engaged in the provision of healthcare and corporate online search and appointment booking services.

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